How to enable Ethereum transaction using Striga’s Web3 infrastructure?
How to enable Ethereum transaction using Striga’s Web3 infrastructure?
- Striga
- 4 min read
Table of Contents
Striga offers Ethereum (ETH) accounts with unique blockchain deposit addresses for your users. You can allow your users to deposit and withdraw ETH directly into and from their wallets. Striga also offers vIBANs through which fiat can be deposited and then swapped into ETH and vice versa and is held in these accounts. Ethereum is a decentralized, open-source blockchain network launched in 2015 by Vitalik Buterin. Ethereum introduced the concept of smart contracts and a platform upon which decentralized applications can be built. Ether (ETH) is the native cryptocurrency of the Ethereum network and is the second biggest digital asset by market cap after Bitcoin.
Exploring the benefits of Ethereum wallets for Web3 payments
Interaction with Decentralized applications (dApps)
Ethereum accounts allow your users to interact with other Ethereum-based decentralized applications (dApps). Your users can interact with decentralized finance (DeFi) and applications (dApps) through smart contracts, and you can build DeFi applications and wallets with Striga as the gateway to centralized finance.
Cross border and P2P transactions
ETH accounts issued by Striga allow your users to seamlessly perform cross-border transactions as well as P2P transfers. Each Ethereum account has a dedicated ERC-20 address to deposit and withdraw ETH directly into the wallet and perform transactions.
Accessibility and transparency
Ethereum is outside the constraints of time, locations, or any other limitations. All you need to transact Ethereum is an internet connection and a digital wallet, which can be created through Striga. Every transaction is accessible through the public ledger.
With the USDC account offered by Striga, users can transact USDC within the Striga platform and outside Striga platform. They can swap, buy, sell, withdraw, and deposit USDC in this account.
Issue crypto VISA USDC payments cards
Striga allows you to easily create, manage, and grow an ETH card program. You can issue your own branded USDC-backed physical and virtual cards. These cards will be linked to the ETH account, and when a transaction is made through the cards, it will be deducted directly from the ETH balance in the account. These cards are also fully customizable.
You can set personalized spending limits, swiftly authorize decisions in real time, restrict specific merchant categories through Webhook endpoints, and verify transactions seamlessly via SMS confirmation. All of these features and benefits of BTC accounts and cards are accessible via Striga APIs.
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